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CBDT Extends Income Tax Return Filing Deadline for AY 2025-26 to September 15 Context: The Central Board of Direct Taxes (CBDT) has extended the last date for filing Income Tax Returns (ITR) for Assessment Year (AY) 2025-26 from July 31, 28 May 2025 FM Nirmala Sitharaman Signals Boost for Fintech Sector Context: Finance Minister Nirmala Sitharaman visited Pine Labs’ Noida office. Acknowledged fintech's role in enabling secure, inclusive financial services, espe 28 May 2025 MoSPI to Monitor Impact of Mudra Loan Scheme Context: The Ministry of Statistics and Programme Implementation (MoSPI) aims to track the utilization and impact of credit access programmes such as the Pradha 28 May 2025 Panchayat Advancement Index (PAI) 2.0 Context: The two-day National Writeshop on Panchayat Advancement Index (PAI) Version 2.0 for FY 2023–24 commenced at Dr. Ambedkar International Centre, New Delh 28 May 2025 5th-Generation Fighter Jet – AMCA Programme Context: Defence Minister Rajnath Singh has formally approved the execution model for the Advanced Medium Combat Aircraft (AMCA) programme. The move marks a cri 28 May 2025 World Dugong Day 2025: Conservation of India’s Gentle Marine Grazer Context: World Dugong Day is observed every year on May 28 to raise awareness about dugongs (Dugong dugon), marine herbivores known as "sea cows". Dugongs are t 28 May 2025 RoDTEP (Remission of Duties and Taxes on Exported Products) Context: Government Restores RoDTEP Scheme Benefits for AA, EOU, and SEZ Units. Key Announcement Policy Change: Restoration of RoDTEP (Remission of Duties and T 28 May 2025 Draft Registration Bill, 2025 Context: To replace the 117-year-old Registration Act, 1908 with a modern, digital-first legal framework that enhances transparency, accessibility, and ease of 28 May 2025
Early Onset of Southwest Monsoon 2025 — Causes and Uncertainties Context: The India Meteorological Department (IMD) declared the monsoon onset over Kerala on May 24, 2025, eight days ahead of its normal date schedule of June 28 May 2025 Japan Loses Status as World’s Largest Creditor Nation to Germany in 2024 Context: Japan lost its position as the world’s largest creditor nation for the first time in 34 years. Germany surpassed Japan with net external assets of 569. 28 May 2025
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